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FOX Business
Nov 3, 2012 10:00am EDT
, very similar. the only difference is this: the media treatment of it. more after this. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations arsafe and clean for our communities and the environment. we're america's natural gas. >> we have a good plan, and, great job. >> back in the katrina days and today you hear nothing but good thing about fema. >> president barack obama: i want to thank craig fugate, who lives and breathes this stuff. [applause]. >> neil: you know, i'm hearing all of this glad-handing and back slapping and i have a lot of friends, obviously, family in the metropolitan area around new york, a lot of friends, close ones in staten island and i knew what was going on and i want you to juxtapose these g
FOX Business
Oct 30, 2012 10:00pm EDT
they ropen, will be focusing in part on energy prices, particularly gasoline prices because eight of the country's refineries producing about 8 percent of our daily supply in gasoline where in the path of sandy. about six of those refineries which haveeen operating a reduced capacity and are ramping up production leaving to refineries, bulk of them in new jersey. they have simply lost power and plotted and will be back quickly it is uncertain when they're will be returning to of storage products and production. recovery efforts under way tonight after the superstar and crippled the east coast. in new york city, subways and tunnels flooded. hundreds of thousands are without power, and joining us tonight on the phone, the former governor of new york, george pataki. good to have you with this. you have seen much of the devastation. can you compare this to anything that we have seen before? >> you know, it's really differ from what we've seen before. we have had terrible storms. hurricanes, blizzards we had the attacks of september 11th, but this, it wasn't the wind, it wasn't the rain.
FOX Business
Oct 27, 2012 12:00am EDT
report breaking down the biggest headlines affecting the energy industry and their impact on the economy. hurricane sandy gave oil price as boost. crude settled up 23 cents at 86.28 a barrel. that is still 4% decline on the week. meanwhile natural gas futures fell in anticipation of the supe storm. that is because concerns over power and refinery outables helped lower the outlook for demand. >>> this one is absolutely nuts. german windmills are putting central your peep power grids at risk of blackouts. there is so much electricity being generated, the grids are being pushed to their breaking point. the czech republic an poland are threatening to cut off shared power lin in germany if the electricity bottleneck is not resolved. how crazy is that? >>> breaking news we have upte on senate majority leader harry reid in a car accident. back torobert gray with more details. >> fox news saying senior senate sources, reid, walked into the hospital under his own power and is now being checked out. his caravan was in a six car pileup in las vegas. was taken to ucm hospital there. sources
FOX Business
Oct 30, 2012 3:00pm EDT
out power. here the numbers from the department of energy. connecticut 626,000 without electricity. new jersey, 2.5 million without electricity. new york, 1.9, roughly 2 million without electricity. pennsylvania, 1.2, 1.3 million without electricity. it is a huge number. in all, 18 states, are reporting that they have power outages. that total 8.1 million customers who don't have electricity. liz? liz: well, you know what? it doesn't surprise me that it is new jersey where president obama will go first. he is heading there tomorrow. just announced it at the top of the hour. he will be touring the area. adam, we saw the ariel pictures of -- aerial pictures of atlantic city i would imagine that or the area in queens where 80 homes were destroyed by fire would be the first places. of course queens in new york but maybe that's his second spot. adam: it sounds like he would go over to the rock aways where the homes burned. when you talk about the president coming here, one of the things people will be asking him and the department of energy is they have 25,000 men and women who are mobi
FOX Business
Nov 1, 2012 6:00pm EDT
with the details coming up next. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour ergy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. gerri: economics news for sending shares higher. details in 60 seconds gerri: stocks are higher today after a string of positive economic reports on everything from jobs to consumer confidence. rebuilding stocks led the way. companies selling materials like plumbing and bedding and furniture, they were higher. some as much a 7%. as a result of hurricane sandy, there is a way to play this disaster. joining me now is scott martin for united advisors. welcome back to the show, always good to see you. can i still play this trend or is it on? >> yes, i think you can. people. people that call to turn over, as you
FOX Business
Oct 28, 2012 11:00pm EDT
to a five-year high. some expected more than that. more bad news with the president green energy agenda. despite -- inspector general slamming the green jobs training program and that the independent report. more than half of the 81,000 who participated and completed the training, already had jobs. correct. more than half the bowing to the training already had jobs. those who were desperate for work only 38% actually got a job and them spending 530,000 to achieve those results. the president now has his eye on executive pay rules. the next expansion of government. not a modest proposal that the stability of markets that people may risky bets. they face limited consequence if they don't. >> it tilts bowl system of risky behavior by the time the chickens come home to roost, think of this concept, chickens and pay, they are ahead of the game. lou: joining us now is steve forbes. the president if he does not win reelection realizes he could be the pay czar? >> i think he will do is go a lecture circuit. i would be glad to pay him of the to go out of the white house. >> >> this change
FOX Business
Nov 4, 2012 6:00pm EST
, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. >>. >> neil: we have been talking about governor christie addressing residents in new jersey and still doing so in hoboken. rick leventhal caught up with a few minutes ago about the state of recovery bu
FOX Business
Oct 27, 2012 11:00pm EDT
energy department inspector general says the program was training workers who already had jobs and failed to placthem in jobs after the trading was over. in fact, only 38 percent of those who went through the program got jobs, and 16 percent of those people kept the job for more than six -- six months. imagine that. 52 percent were already working in the energy sector d did not need training to begin with. this training program that was only 16 percent success will cost taxpayers 328 nav million dollars an the price tag could go up to 400 million. this president does not have a record to stand down when it comes to his stimulus program. the big one failed, the little one failed, and they all costly too much. still to come, forecasters say when hurricane sandy heads the east coast it will be harder and wider than last year sir can i read. the latest on what some are calling for frank and storm. weak economic numbers. the white house cheering. what this white house and the president does not want you to year. year. st 4g lte is the fastest. so, which supeast 4g lte service would yoch
FOX Business
Oct 30, 2012 5:00pm EDT
. airline passengers stranded across the country. gas and other energy prices could rise no matter where you live. "money" is breaking it all down. also money tonight, the owing bell will ring once again on wall street. restart of trading tomorrow create a perfect storm for stocks. we're going to explain that. >>> does our government now need a secretary of business? president obama thinks so. what about the business community? we're going to get reaction straight from business owners mouths. even when they say it's not, even in this storm, it's always about money melissa: so, starting off tonight, no doubt hurricane sandy will cost a lot of money. it is still going strong, headed right for western new york. let us get the latest on the path from weather.com meteorologist. bernie, what is it getting ready to hit now? >> it is off to the east of pittsburgh. as you mentioned melissa, it is moving northward, when you take a look at storm, look how large it is. it is covering the eastern half of the united states. there is moisture feeding in on the earn end of it from the tropics. that is why w
FOX Business
Nov 2, 2012 10:00pm EDT
-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonad 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. t the alert, energized feing you need and support breast cancer research and access to care. t the alert, energized feing you need and i'm an expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. lou: the final jobs report before the presidential election showing little progress made during the president's first term. we will take that up with former congressional budget office director, douglas holds a can in
FOX Business
Oct 30, 2012 6:00pm EDT
said, in short term painful but longer term we get a bunch of federal dollars that will pump energy into the economy. >> absolutely, if we have $20 billion in property damage we spend more than that rebuilding, we always do, on the shore property so valuable, they will build bigger homes and businesses. obsolete capital will be replaced by modern capital. we'd get multiplier effect, you spend a dollar on infrastructure, you get a dollar 80 in gdp from additional spending. i think by the time this is all done, the affect to go, dp will be to dr depress it immediately, but down the road a little bit positive. >> what kind of impact to national gdp do you think this storm could have short-term and long-term? >> short-term, we could loss 20 to 30 billion-dollars, and long-term we could pick up net basis, maybe 30 to 40, we net about 10 additional billion dollars. gerri: all right eter mr. ricci if you. >> thank you. >> all right. a lot more to come, in including whether we'll see higher gas prices. in the wake of super storm sandy, and some estimates have different trut -- destruction f
FOX Business
Oct 27, 2012 6:00am EDT
. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. de and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ neil: we just may he found the object surprise. sandy, the storm that could potentially shut down the mt popular region of the country affecting one out of five americans. forget about threatening halloween. say it comes down to
FOX Business
Oct 30, 2012 9:20am EDT
hurricane. all of this, what are you hearing? >> from the energy department. crude oil prices getting a pop right now. and back off near $86 a barrel and while gasoline prices which rose yesterday in anticipation of those refinery closures, they're sort of flat, going back down in today's session. and the energy department saying that u.s. gasoline supplies, along the u.s. east coast, may sink, charles, to their lowest levels since at least 1990's and those refineries if they can't curb production, some of them shut production altogether and also, charles out, important for traders to keep in mind, energy department saying they're delaying the weekly inventory report and remember, that's usually a market moving event like things for oil and gasoline on wednesday morning and they're saying it could be published nurse, but that day still depending on the storm damage and charles, at this point, assessing the damage and six refineries were closed along the east coast, and that was about two-thirds of overall production, so, we're still assessing the damage and still trying to see
FOX Business
Nov 2, 2012 6:00pm EDT
, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy devepment comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >> we talked earlier about how the private sector seems better equipped to deal with disasters than the government. what do you think? who is better prepared? fema or home depot? here is what you're telling. home depot. people there actually know what they're doing and are qualified to do their job. thank you. tony agrees. home depot. there has been another demonstration of the failure of big government. we ask you this on the gerriwillis.com. 3 percent said fema. [laughter] 97 percent said home depot. log onto gerriwillis.com for our on-line question every weekday. finally, while most of you feel home depot and other businesses were more prepared to handle sandy, they are also steppin
FOX Business
Oct 26, 2012 11:00pm EDT
. through mercedes-benz one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. america's natural gas... putting us in control of our energy future, now. neil: another day, another massive round of layoffs. announced the cutting to 2,000 workers, part of the slew of companies announcing layoffs staring down the fiscal cliff you might have heard about the next guest preparing to lay off workers, freeze salaries, renegotiate health care benefits. the whole nine yards. president and ceo, michael key with me now. what do you fear the most? like, i ask a lot of your colleagues this about what makes the guy like you retrench? what? >> well, we retrenched -- as a matter of fact we've been through the reduction divorce, the expense control, through management salary cuts and the health benefit renegotiations in p
FOX Business
Oct 27, 2012 9:00pm EDT
carefully before investing. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. ♪ john: [applause] john: now, your comments or questis for my guests, columnist ellis henican and ann coulter. first, from my facebook page. david gerald asks, our guy, completely wrong. >> i think it is not exactly being wrong. conservatives aren't enthusiastic about the war in afghanistan. i think most conservative think itould have been better if mubarak said state and not be replaced by the muslim brotherhood. think that is very hard to explain in egypt. moreover, republicans, look, it's over. republicans are not democrats. we don't criticize military
FOX Business
Oct 31, 2012 9:00pm EDT
. gerri: breaking news just in tonight, the u.s. federal energy regulatory commission accusing barclays in its traders of manipulating california energy markets from november 2006- december 2008. it says the bank should pay roughly $470 million to settle allegations. also ordering to show why the penalty should not be theft. you will remember, under scrutiny for the interest-rate manipulation scandal of the summer. again, regulators accusing barclays and traders of manipulating the california energy markets. the beat goes on. this is like covering the cop shop. up next, the eastern seaboard slowly pulling itself back together in the wake of hurricane sandy. some of the artists of people a small business owners and of people who put their lives into their company now staring a devastating losses. he with resources and tips for rebuilding, ceo of the take business services. thanks for coming on. give me a sense of how many people who have small businesses might have been impacted here. >> clearly in the northeast region business has gone significantly impacted, and businesses in a lot of
FOX Business
Oct 31, 2012 8:00pm EDT
romney agenda conto million jobs. more energy production. education, cracking down on chinese trade in championing small businesses. there is no question about it. the romney campaign held a teleconference today with reports to say that they are just where they had always hoped it would be in the closing days of this campaign. in a statistical tie knocking on the door and able to win. they still can win but is not at all by any means a certainty. a scare tactic when republicans that they think their vote doesn't matter they could be wrong in the need to get to the polls. with that said, some concern in the polls for the campaign. then seen in the seven surveys in the last two days, of ohio that shows that it's still a margin race within the margin of error, but mr. obama is with a slight lead with and that margin so the romney campaign has begun looking at expanding the battlefield where the playing field to make you will, by going after states like minnesota and michigan and pennsylvania, states that have been in the blue column for many, many weeks just as the polls tighten up in the
FOX Business
Nov 3, 2012 8:00pm EDT
energy development comes with some r risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. busy in here. yeah. progressive mobile is. [ "everybody have fun tonight" plays ] really catching on! people can do it all! get a quote, buy and manage your policy! -[ music stops ] -it's great! well, what's with the... -[ music resumes ] -music? ♪ have fun tonight dude. getting a car insurance quote. i'll let it go to voicemail. [ clears throat ] ♪ everybody wang chung tonight ♪ putting it on vibrate. [ cell phone vibrates ] -[ loud vibrating ] -it'll pass. [ vibrating continues ] our giant store and your little phone. that's progressive mobile. lou: the final
FOX Business
Oct 30, 2012 1:00pm EDT
traders are here trading today but these energy markets are electronic trading only with nymex trading floor in new york closed for the day and if you look at crude oil, they are moving in the opposite direction of each other and the opposite direction they were trading yesterday in lieu of the refinery closures for the storm. gasoline down 1/2%, crude oil prices getting a boost near $86 a barrel. we are still trying to digest the actual effect of this storm on the refinery's. we haven't gotten a lot of word from companies that have been affected but the energy department has released this beta saying gasoline stockpiles may sink to the lowest levels since 1990 as a result of sandy. inventories down 16% from a year ago. weekly inventory reports delayed till thursday so bottom line a lot of traders say when markets reopen a lot of the focus is going to look at the supply side of the equation when it comes to the energy markets and stocks like philip and newstar, companies that shed down refineries along the east coast. those are stocks that will be on everybody's radar for the stock exc
FOX Business
Nov 4, 2012 2:00am EST
something akin to what we had. maybe we can remember this was the last energy crisis. wouldn't you know that governor chris christie, he is a little younger, he wants to go and he is announcing the rationing of gasoline. and they might say, what is the big deal. look at these lines. well, these are very long lines, just to get gasoline. the problem is they're out because they have no power and there is no way to access the gas. they might cut down by on an even distribution of this and for those of you, well, let's say, is new to you. for those of you that are in within a century, this is akin to a we did in the back luncheon last energy crisis. on and the crisis before that in 1973. that is why this is such a big deal. that is why this is so bad. that is why this is not some fleeting event. they are already making arrangements like this in one of the most population heavy states. new york will probably consider to do the same in short order. all of these utilities are down. power is coming back at a glacial pace. james o'neill says providing the help and the resources to get these
FOX Business
Oct 29, 2012 4:00pm EDT
with higher energy prices. >> people expected the opposite. they will not be something in demand right now because refineries will be shut down, spiking gasoline prices not necessarily the crude price because we are all waiting to be delivered and will have to wait a long time. david: let's be specific about one county in new jersey that could mean a lot to what happens to the price of oil and gasoline in this country. several refineries, one is run by philips 66, one is run by new star, there is also the colonial pipeline running right through lyndon. that is going to be affected? are they affiliated with the colonial pipeline? will they be hit if the storm cut the operations? speak we just can't put this into perspective right now. this is something much, much bigger. we will find out in about three hours. liz: thank you very much, larry. high tide coming. david: it is now 4:00 p.m. eastern time. jeff flock told us the storm is moving faster than expected. it will hit a couple of hours before that, that is actually good news. shoppers snapping up storm preparedness, water flash
FOX Business
Oct 28, 2012 1:00am EDT
work, major power outages, no power for a week and you're not consuming energy when you can't turn on the power and can't get to work in your car. so it's a good thing, but keep the gas price froms going bananas in the first place. >> brenda: the east coast provides 6 1/2% of the gas that the u.s. uses. that's kinds of a-- could be a hit. >> i don't thinkt's going to be a very big hit. look, the prices may well go up, even if just one light bulb at one refinery gets knocked out because they rise and fall based on expectation of demand and supply, not the reality, so, they could go up a little bit. we could have a big one-day jump. they'll corrects in a couple of weeks and people won't be driving in this mess, and they suldn't be, just stay home, be safe and don't worry about it. >> brenda: i don't know, tobin, i'm worried, what about you? >> well, i'm looking to the nasty ugly speculators, there'a futures market in gasoline. if the people who know the business best thought that gasoline was going be to be knocked out, a huge super spike, you would he seen the futures on gasoline go up
FOX Business
Nov 1, 2012 11:00am EDT
barrel. we will be right back. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices hp ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going onow -- but hurry, the offer ends soon. dagen: we have a triple digit rally on our hands. we are getting to that time every hour because every 15 minutes it is stocks now. we are close enough, nicole petallides. nicole: i ain't going, no, no. you have ford down 1.5%. we have gotten a lot of news on ford, as well. they did name the chief operating officer. they said it is too early to predict the impact of sa
FOX Business
Oct 28, 2012 1:30am EDT
think it's very much limited to that sphere, but i think to your basic point, the energy initiative, creativity of people in the private sector who stand to make a great deal of money and prestige by creating something new, useful, wonderful, good looking and the computer wars, that's an overwelcoming incente which the ordinary bureaucrat doesn't have. it's a shame and it would be nice if the bureaucrats could be incentivized in some way, but to te the minds of the person out of that, and compare it with the person out of commerce. >> apple-- >> i'm trying to think who was more offensive of my basic line of thinking. i think that ben was more in line until that zinger at the end and drew me in and says, okay, here. but go ahead. >> but apple, steve jobs defined the new apple by deciding what we needed and wanted before we even knew it. and tha was going on for more than a decade. >> and before we knew it, that's a very good added line, befor we even know it. >> very good line. >> a great line. >> what changed in washington over that time, did they take one lead from what steve jobs
FOX Business
Nov 2, 2012 5:00pm EDT
indices tumbled closing at session lows. the dow fell 139 points. shares of chesapeake energy helped drag down energy stocks. the natural gas producer reported a third quarter loss and said it is delaying scheduled asset sales. there was one bright spot though on the day for sure. that was starbucks. shares of the coffee giant soared 9%. it solid beat fiscal fourth quarter earnings estimates while raising the full-year profit outlook. look at that stock. >>> now to our top story. the dire gas shortage is a consequence of the super storm. drivers are waiting for hours upon hours to fill up tanks only to be turned away because the station's tanks run down while awaiting. cars are being abandoned in lines up to half a mile long because they can't get gas. there are reports of gas rationing siphoning and fights breaking out at stations. we even heard of one instance of someone pulling a gun because someone cut a gas line. things are falling apart in new york. everyone wants to know how long will it be before drivers have access to gas? joining me now, patrick dehaan, chief petroleum anal
FOX Business
Nov 1, 2012 3:00pm EDT
energy. why do you like technology right now? >> not just in the consumer, not in the mobile phones, but technology is one of those trends that affects every industry. it affects healthcare. it affects energy. energy we saw the new natural gas fracking that's bringing enormous supplies to the market. we could be energy independent because of the technology applied to energy. liz: yet you don't like energy, you say avoid energy. >> who is the biggest beneficiary of this new supply is really the consumers, and the businesses have low cost gas, natural gas has plummeted in price, so that actually hurts in an ironic way the producers of energy, benefits the consumers of energy. liz: that's why we have doug here to kind of help our brains go through the scenario of why energy and technology are on opposite ends at least for his preference. closing bell ringing in 50 minutes. is it time to cut the cord to your traditional cable box? i know some of you have already done that. but there are those of you who are sitting on the fence or the cable box so to speak and you need to meet the ceo o
FOX Business
Nov 2, 2012 4:00pm EDT
united states. the ceo of clean energy joining us in a fox business exclusive. liz: stocks sinking. all major industries closing in the red. the s&p was the one able to hold onto weekly gains. the only index to and the week in the green. energy and utilities log. here's what happened happened with the jobs numbers thought the u.s. economy did add 171,000 jobs in october. the on employment number of 27.9%. august and september numbers were upwardly revised. u.s. factory orders posted their largest gain in 18 months. jumping nearly 5%. it was driven by a surge in demand for commercial aircraft. a category where orders had just plunged in last august. david: we have all of today's action covered. rich edson has information on the all important jobs report. jeff cleveland says today's report is just statistical noise so get over it. let's start with rich. i think this is a jobs report both candidates want to get over because it was a wash speaking there is enough in there for both to spend. both use this as evidence that voters should elect them on tuesday. >> today our businesses have crea
FOX Business
Oct 29, 2012 11:00pm EDT
write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >> welcome back. continuing coverage of hurricane sandy. this is mount hopkins, new jersey. there was a downed traffic light there. >> most things have blown away. >> this one hit a car. >> we were worried that one of them was going to hit our reporter, she has been dodging traffic lights and stop signs. can you hear us now. >> yes, i can. >> adrienne, traffic is essentially stopped completely? >> yes, we are not seeing any cards. we are seeing a ton of emergency vehicles, trying to figure out what they are doing. they have some stretchers. we thought maybe rescue. perhaps they are changing gears. we had an accident with a traffic light. these wins, you can see the whipping winds as the ambulance moves out there. that sideways rain, there is another tv crew over there. it is pretty desolate here. you know, we know that there are still a few people on those barrier islands. the message
FOX Business
Nov 1, 2012 12:00am EDT
gauge report, breaking down the biggest headlines affecting the energy industry and their impact on the economy. first up, crude prices rose on their first day of trading since superstorm sandy renewed demand and helped drive prices up more than half a percent, settling at 86.24 a barrel. good news for nine major oil refineries on the east coast, assessments found they avoided serious damage. seven are working back towards normal operations. meanwhile short-term supply worries pushed up gasoline futures prices. they settled up more than 1% on the day. >>> president obama banging the drum on the rich paying their fair share on taxes. he has less than a week to sell the message. we're breaking down the facts. >>> plus, mayor michael bloomberg tells president obama, i think we doneed you to visit new york city, thanks very much. i think that makes it a lot of sense. one of the people on the show says it is a major slight and he is coming here to disagree with me. mo coming up. ♪ . melissa: so it is the final stretch to six days till the election and the tax debate is getting even lou
FOX Business
Oct 31, 2012 10:00pm EDT
, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. lou: following the state of texas, warning those u.n. voting monitors, they had better stay away on election day. iowa secretary of state, warning that observers will be arrested in iowa, if they violate state law, and come within 300 feet of a polling place. attorney general of texas, he issued a same warning last week, @%ited nations not real popular. in those two states, i suspect in a lot more. early voting numbers suggestion that president obama may be in trouble in florida. at this
FOX Business
Nov 1, 2012 8:00pm EDT
, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. neil: and then there is sandy. the latest tally, don't know how they do it, $50 billion storm. i guess they figure in the businesses shut down, insinuating damages and repairs, a third of that in the state of new jersey alone. it is an ongoing mess and getting messier, who knows. he dealt with something very different called 9/11 but he knows about how this escalates before your eyes. >> this has been a terrible storm, they be one of the worst in history. i think it has been handled well. i can't see any fault with the way the emergency response works in new york, in new jersey. look, i think you have to do it. that is the right thing to do. what are you going to do, in the middle of
FOX Business
Oct 30, 2012 11:00am EDT
quick update. the energy department has updated people on gasoline stockpiles. it may be at the lowest level since 1990. gas supplies are down 15% from year ago levels. one other major update for energy watchers is the weekly report that comes out tomorrow morning. they have said that it will be delayed and most likely, that report will be coming out on thursday and that is still dependent on the damage assessed from the storm. dagen: thank you, sandra. she is at the cme today. you take everything away from that interview. thank you. connell: there were gas stations throughout the new york metro area, connecticut, new york state or out of gasoline. >> all the lines. >> you have people popping up and their gasoline has to be there for generators. there you go. it draws on supplies. in the meantime, talking about the fight. one week until the election. two presidential candidates. canceling campaign appearances because of hurricane sandy. [cheers] sony comes out next >> hurricane sandy leaving a path of unprecedented destruction up and down the the east coast. stock markets are closed fo
FOX Business
Nov 1, 2012 5:00pm EDT
propel the rally. crude climbed about 1%, settling at 87.09 a barrel. the energy information agency reports that u.s. oil production hit its highest level since january of 1995. the u.s. is now producing 6.67 million barrels of crude per day. >>> exxonmobil expanding its presence in the gulf of mexico. the company says it has acquired minority stakes in two deepwater prospects in the gulf. >>> lawyers in argentina are aiming to seize $2 billion worth of chevron assets. the lawyers represent a group of ecuadorians who won a $18.7 billion judgment last year for alleged environmental damages. that fight goes on. >>> next on "money", government agencies getting major praise for their handling of the super storm but it could mean trouble for republican candidates on election day. >>> plus seeking government help, guess is is offering a hand to victims of storm? iran. it is possible they dialed the wrong phone number. we have details coming up straight ahead. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and em
FOX Business
Oct 29, 2012 5:00pm EDT
, just as the storm is causing blackouts my next guest says our whole energy policy is wrong. he says there could be more than half a million jobs created in swing states in the next three to five years from hydrocarbon energy. mark mills is senior fellow with the manhattan institute. i was really interested to read your study. i thought one of your most interesting points was that we are oriented towards conservation and protectism of domestic resources right now but we could actually be a major producer and could be exporting energy which seems hard to get from here to there. you really think we have that much? >> well i know we have that much and this is the real surprise. in energy policy that we have to really change how we look at energy fundamentally. we've operated under the basis from almost half a century now since the big oil embargo of 1973 on the assumption that we're running out of oil, that we can't make enough here and only way out of this is find replacements for oil or conserve our way out of it. both those are important by the way, they continue to be important but
FOX Business
Oct 29, 2012 3:00pm EDT
but really not that big. sandra: in the energy complex, refinery closures along the coast because of this storm. we saw oil prices go down and rbob gasoline prices went up. >> those things typically a a lot of times are pretty much -- imagination is your own worst enemy. we will have to see how those things really play out in the future. i don't think it's going to be that big of an impact. i think the market would have told us a lot more if there was going to be something big. sandra: what are you and your colleagues expecting for tomorrow? are you going to show up in the morning? the cme has not said whether the markets will be closed. >> we will be here for the grain markets. the fixed income might be different, that could be a ballroom with nobody there, but right now we will have a full staff and see what the exchange tells us. sandra: how do you position yourself in the global marketplace where traders can't anticipate whether or not the markets will be opened or closed? what do you do? stock market we already know is going to be closed. >> we don't have a choice. we have to ma
FOX Business
Nov 2, 2012 11:00am EDT
example, and that is a name that has been weighing on the dow jones industrials. monster, the energy drink, they continue to claim that their drinks are safe. back to you. dagen: thank you. connell: hurricane sandy sweeping through staten island. dagen: adam shapiro is standing by with the very latest on the recovery efforts. >> you see this car right here, just one of many that got tossed around by the floodwaters. i want to show you some of the houses. they have inspected 650 structures like this one. you can see this one still has a restricted use sticker. it eventually can be used again. i want you to come back with me, if you can. you will see these two guys over here. this is national red. they are walking neighborhood to neighborhood shouting the gas off. did you come down to this house right here, this sums up what is happening to a lot of people. it says unsafe area: do not enter or occupied. this house will have to be torn down. two of the victims of this tragedy, two elderly people died. i can report to you right now, the new york city sanitation has set dump trucks and tr
FOX Business
Nov 4, 2012 8:00am EST
local mercedes-benz dealer. at your local one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek imm
FOX Business
Nov 2, 2012 9:20am EDT
today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >> all right. when the market opens in approximately 30 seconds, we're likely to see a 50, 60 point gain of the dow industrials. nasdaq up 8 points. the big jobs report, the last big picture before the election. said the unemployment rate went up 7.9. the real jobless rate 14.6%, 171,000 new jobs created last month. that is the-- those are the numbers that came out at 8:30 eastern time this morning, and that's what this market is in all probability reacting to. we've got other stories making news. the gas shortage in new jersey and new york, we've got that and we've also got the latest polls on the election, but for now this market is now open and it's reacting to that jobs report. we're up about 32 points. that's where you have it. 32 higher. in the first few seconds of business. i'm put it like this, the opening trend is up. and let's get straight to our coverage of the october jobs report. austan goolsb
FOX Business
Nov 3, 2012 6:00pm EDT
more on car insurance. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. neil: when my friend was talking about though we have these little worlds that are separated in new york, and the crowds waiting outside for the mny ipad, they are waiting for that, and his relief supplies are coming in staten island. it is enough to make you sick. one other thing, we suggested that you can have these long lines and we said we might get back to something akin to what we had. maybe we can remember this was the last energy crisis. wouldn't you know that governor chris christie, he is a little younger, he wants to go and he is announcing the rationing of gasoline. and they might say, what is the big deal. look at these lin
FOX Business
Oct 28, 2012 9:00pm EDT
if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ ♪ [applause] john: political propaganda. some times of political ads, but more often the candidates themselves. propaganda. then make promises they don't keep us eight things they don't need. suck up to special interest groups. president obama does that. look at this clip from this debate against john mccain. >> actually, i am cutting more than i am spending so that it will be in that spending cut. john: what? what expending cut? increased spending to at $3 trillion. but newsday columnist ellis henequen -- ellis henican says i am wrong to be so cynical. he saihe would cut, and he spent like a drunken sailor. >> we all want a president who will say something way before he becomes elected and feel like he is completely, rigidly tied into that in ways that he cannot deal with events as they happen. a lot of stuff happens, some of it was prett bad, and you want a president to is in there being flexible for you. john: he wa
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